India's Modi** recently arrested two Chinese executives again, a move that challenged againChina and IndiaCooperative relationship between the two countries. Since the outbreak of the border conflict in 2020, India** has been a significant contributor to Chinese companies and businessesInvestmentsA review was conducted and targeted at Chinese phone manufacturers. It is reported that India struckFinanceThe criminal agency arrested two executives of vivo's India branch on the 24th, including an interim CEO and CFO and an advisor. This is the third time since October that India** has investigated vivo. Previously, India regulatedFinanceThe criminal agency arrested four industry executives, including a Vivo employee, on suspicion of money laundering. vivo says they have always adhered to the local areaLawsregulations and will closely monitor the progress of the investigation and take appropriate measuresLawsmeasures to respond. This serial arrestChinese enterprisesThe executives' actions have created a huge amount of uncertainty for the industry as a whole, also overseasInvestmentsIt has raised more questions about India's business environment. Chinese mobile phone brands account for two-thirds of the market share in the Indian market, and Chinese mobile phone manufacturers have also promoted IndiaIndustrial chaindevelopment. However, India's repressive behavior could undermineChina and IndiaThe environment for economic and trade cooperation has given the outside world the impression that India is "decoupling from China."
India** rightChinese enterprises, especially in the high-tech sector, is likely to be linked to its "Make in India" strategy. India** requires Indians to be core executives, and for various reasonsChinese enterprisesHefty fines are imposed with the aim of restricting the development of these businesses and thus eliminating potential competitors. With Indian native mobile phonesIndustrial chainThe initial formation of the judiciary of economic investigation was "politicized" by India, which is a predictable result. According to people familiar with the matter, Modi has no intention of releasing him, but is preparing to arrest him on the 26th of this monthChinese enterprisesThe executives were brought to court and subsequently returned to Indian law enforcement. Although it is unclear what India** wants to achieve through the trial, it is certain that if the companies involved are unable to effectively deal with the pre-trial issues, India** is likely to impose sanctions by freezing funds, imposing fines, etc.
Although there are huge difficulties in transnational rights protection, it is difficult for Chinese companies such as vivo to resist the political suppression of IndiaChina and IndiaEnterprises still need to adjust their business strategies while trying to protect their own rights and interests. Industry insiders believe that Chinese companies need to let the outside world see the truth of IndiaInvestmentsenvironment to remind those considering to grow their business in India to avoid risks in a timely manner. After all, India's malicious repression has not only damaged its own reputation, but also India's own reputationIndustrial chainThere is nothing good about the development.
India's Modi** has been arrested in successionChinese enterprisesExecutives' actions giveChina and IndiaThe partnership presents serious challenges. Such actions not only underminedChina and IndiaThe economic and trade cooperation environment has also made the outside world more suspicious of India's business environment. India** rightChinese enterprisesThe executive crackdown is likely related to the "Make in India" strategy pursued by the executive, which aims to restrictChinese enterprisesDevelop. China and IndiaBusinesses need to work hard to defend their rights and show that India is authenticInvestmentsenvironment to alert other businesses to avoid risks in a timely manner. At the same time, all parties are also looking forward toChina and IndiaThe two sides can solve problems through dialogue and cooperation, and promoteChina and IndiaStability and development of relationships.